Frost & Sullivan awarded Eurotech the 2019 European Competitive Strategy Innovation and Leadership Award, acknowledging the applicability of its hardware line for rolling stock as well as its secure IoT integration platform in the rail industry. Guruguhan Nataraj, Industry Analyst, stated “Eurotech’s two core IoT and cloud computing products – Everyware Software Framework (ESF), an edge device middleware; and Everyware Cloud, a cloud to IoT Integration – have resulted in a highly integrated suite. As an end-to-end solution provider of hardware, software, and cloud platforms in the same package, Eurotech’s implementation speed sets it apart from competitors.”
Strategic acquisitions
Over the past years, Eurotech has expanded its business through strategic acquisitions, becoming a key player in the global embedded systems market: Arcom, US-based control system manufactures, Applied Data Systems, US-based maker of embedded systems, and Advanet, Japan-based provider of high-performance boards and systems.